2021 Capacity Starts Slowly - Can We Close Our Eyes For A Few Months Please
The flattest seasonal holiday season has been reflected in the latest global capacity which has broadly remained around sixty million seats a week since the middle of December.
The early Christmas present of breaking that sixty million, was just that, a present and this week’s 59.6 million is perhaps likely to be as good as we can expect in the next few weeks.
The first month of every year is always one of the slowest for demand with no real leisure activity aside from a slippery slope or two in Europe and no major public holidays to celebrate before Chinese New Year. No surprise then that for the first time in a long while, forward capacity for next week and beyond is actually below this week’s level and that is before network planners’ factor in the next planned series of lockdowns. Oh, happy days!
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